Acumen Capital Lowers Enterprise Group (TSE:E) Price Target to C$2.40

Enterprise Group (TSE:E) had its price objective decreased by Acumen Capital from C$2.80 to C$2.40 in a research note published on Friday morning,BayStreet.CA reports. Acumen Capital currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. Fundamental Research set a C$2.75 target price on shares of Enterprise Group and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Raymond James reduced their price target on Enterprise Group from C$3.75 to C$3.00 and set an “outperform” rating for the company in a report on Friday.

Enterprise Group Stock Performance

Shares of TSE E opened at C$1.32 on Friday. The company has a market capitalization of C$101.64 million, a PE ratio of 12.86 and a beta of 1.18. The company has a debt-to-equity ratio of 51.73, a quick ratio of 3.18 and a current ratio of 3.85. The company’s fifty day moving average price is C$2.16 and its 200 day moving average price is C$2.06. Enterprise Group has a 1 year low of C$0.84 and a 1 year high of C$2.69.

Enterprise Group Company Profile

Enterprise Group, Inc, through its subsidiaries, operates as an equipment rental and construction services company in Canada. The company engages in the specialty equipment rental business. It also rents flameless heaters to the construction, and oil and gas industries. In addition, the company offers oilfield infrastructure site and rental services, including modular/combo equipment, such as fuel, generator, light stand, sewage treatment, medic security, and truck trailer combos.